Value investors look at cash flows. If a company can maintain present cash flows for 5 or 6 years, itโs a good investment. Investors then just hope that those cash flows - and thus the companyโs value - donโt decrease faster than they anticipate.
Peter ThielThere are still many large white spaces on the map of human knowledge. You can go discover them. So do it. Get out there and fill in the blank spaces. Every single moment is a possibility to go to these new places and explore them.
Peter ThielConsider the trivial but revealing hallmarks of urban hipsterdom: faux vintage photography, the handlebar mustache, and vinyl record players all hark back to an earlier time when people were still optimistic about the future. If everything worth doing has already been done, you may as well feign an allergy to achievement and become a barista.
Peter Thiel